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Commercial bank law


The Nepal Rastra Bank is nearing finalisation of a draft umbrella act to regulate all deposit-taking institutions, a move to help clean up the financial sector. The Commercial Banks and Financial Institutions Act is to be finalised and taken to parliament during the current session, and will annul a long list of other laws governing the sector, some of which are not just confusing, but also contradictory.


LATEST ISSUE
638
(11 JAN 2013 - 17 JAN 2013)


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